Economists skeptical of latest inflation numbers

Group 1 - Stocks are experiencing a rally following cooler than expected inflation data, but there are concerns regarding the reliability of this data due to changes in the data gathering process [1][2] - Economists express skepticism about the inflation report, with some suggesting that the data collection issues may distort the numbers, making it difficult to draw strong conclusions [2][3] - The bond market remains unimpressed by the inflation report, with yields on the 10-year and 2-year bonds showing little change, indicating a lack of confidence in the implications of the report [3][6] Group 2 - Housing inflation has become a contentious topic, with a reported monthly change of 0.13%, raising eyebrows among economists who are questioning the accuracy of the data [4] - Blackstone's CEO noted that the company is observing much lower rents in the real world, contrasting with the reported data, while Evercore ISI suggests that the report could still influence the Federal Reserve's decisions [5] - The complexity of the inflation report is acknowledged, with the Bureau of Labor Statistics facing challenges in data collection due to the government shutdown, leading to a report that may not fully reflect current economic conditions [9][10]